Decibel Therapeutics Inc Shares Close the Day 12.9% Lower - Daily Wrap

The company saw its shares close the day 12.9% lower than yesterday, with trading volume higher than its 30 day average.

Mar 23, 2021 by Kwhen Finance Editors

Decibel Therapeutics Inc Shares Close the Day 12.9% Lower - Daily Wrap
Decibel Therapeutics Inc shares closed today 12.9% lower than it did at the end of yesterday. The stock is currently down 20.1% year-to-date, down 20.1% over the past 12 months, and down 20.1% over the past five years. Today, the Dow Jones Industrial Average rose 0.0%, and the S&P 500 fell 0.5%.

Trading Activity

  • Shares traded as high as $15.60 and as low as $12.49 this week.
  • Shares closed 5e+1% below its 52-week high and 2% below its 52-week low.
  • Trading volume this week was 62.9% lower than the 10-day average and 56.0% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Decibel Therapeutics Inc-12.9-20.1-20.1-41.412.2
Dow Jones Industrial Average0.06.477.6-2.161.6
S&P 500 Index-0.54.577.5-1.565.7
Technology Industry3.6-10.8-91.8-89.111.0

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